Skinny Sbu on his Happy Socks business

Failing in business can be devasting for entrepreneurs,
especially when they give it their all and end up with little or no success. This happened recently to a young and budding South African entrepreneur Sibusiso Ngwenya known as Skinny Sbu.
He established a brand of colourful socks which trended as happy socks, a fashion style marveled at by fashionistas in social circles.
Happy Socks trended for a while until recently when the business reportedly went down. Sbusiso then took to tweeter and expressed frustration that he could not take it anymore. Now failure can happen to anyone starting a business. Our focus today is Why do businesses fail? and what can be done to save them? Sibusiso Ngwenya AKA Skinny Sbu joins us in the studio. We also welcome Thulani Thabethe of 2larney Solutions who tell us about solutions to struggling SMME's.

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